Short Sale Highlights

  • The homeowner avoids foreclosure and the massive credit damage that goes with it.

  • The homeowner has control over the timing of the transaction and their move from the property.

  • The homeowner gets a full release from the lender and is not financially responsible to repay the loss the lender takes.

  • The transaction can be completed at no cost to the homeowner. The sales costs – commissions, title and escrow fees and most repair costs – are all paid by the lender.

  • An amicable solution to a difficult problem. The homeowner’s win by getting the home sold, getting the loan paid off and having the ability to move forward without a foreclosure on their credit. The lender wins by saving the added expense of the foreclosure process.